Annual report pursuant to Section 13 and 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)

v3.10.0.1
DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Derivative [Line Items]      
Fair value hedging adjustments $ (127)    
Increase (decrease) to net interest income due to derivative adjustment (36) $ 23 $ 72
Gross amounts of recognized liabilities (less than) 404 331  
Purchase of interest rate caps and derivative financial instruments, notional value 4,877 8,375  
Total notional amount corresponds to trading assets, fair value (less than) 1    
Credit risks from interest rate swaps used for trading purposes 132 119  
Aggregate credit risk, net of collateral 37 30  
Investment securities and cash collateral pledged by Huntington 45    
Investment securities and cash collateral pledged to Huntington $ 144    
Derivative liabilities
The following table presents additional information about the interest rate swaps used in Huntington’s asset and liability management activities at December 31, 2018 and December 31, 2017:
 
December 31, 2018
 
 
 
Average Maturity (years)
 
 
 
Weighted-Average Rate
(dollar amounts in millions)
Notional Value
 
 
Fair Value
 
Receive
 
Pay
Asset conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
$
12

 
1.2
 
$
—

 
2.20
%
 
2.46
%
Liability conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
4,865

 
2.6
 
2

 
2.24

 
2.54

Total swap portfolio at December 31, 2018
$
4,877

 
2.6
 
$
2

 
2.24
%
 
2.54
%
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
Average Maturity (years)
 
 
 
Weighted-Average Rate
(dollar amounts in millions)
Notional Value
 
 
Fair Value
 
Receive
 
Pay
Liability conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
8,375

 
2.5
 
(99
)
 
1.56
%
 
1.44
%
Total swap portfolio at December 31, 2017
$
8,375

 
2.5
 
$
(99
)
 


 


   
Swap      
Derivative [Line Items]      
Gross amounts of recognized liabilities (less than) $ 1    
Derivative liabilities 3000000    
Derivative used in trading activity      
Derivative [Line Items]      
Net derivative asset (liability) $ 92 88  
Derivative financial instruments used by Huntington on behalf of customers including offsetting derivatives, notional value 26,000 22,000  
Derivative used in Mortgage Banking Activities      
Derivative [Line Items]      
Derivative, Fair Value, Net (4) 7  
Derivative used Municipal Bond Underwriting [Member]      
Derivative [Line Items]      
Derivative, Fair Value, Net 11    
Commitments to Sell Loans      
Derivative [Line Items]      
Commitments to sell residential real estate loans $ 840 $ 696